Tag Archives: debt deal

The Utter Stupidity of This Budget Deal

We can all count the ways: government spending is the only positive factor to the economy right now, the cuts aren’t targeted to the least effective subsidies, there are no tax revenues in the deal, etc. Worst of all, we’ll … Continue reading

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Confidence Fairies Don’t Deliver and the Most Depressing Part of the Deal

Oh confidence fairy, I wish for economic growth for everyone Alright, the deal’s effectively done. Up to $2.8 trillion will be cut over 10 years. Holy cash cow, that’s a lot of fiscal discipline in one sitting. It’s like a … Continue reading

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